Article initially published at Velocity Quarterly
Why capital project managers should focus on predictability and disciplined collaboration above all else.
Leading is hard. However, not only is it hard, but failing to lead well in capital projects can be extraordinarily expensive. McKinsey reports that mega-projects with budgets over $1 billion are typically delivered a full year behind schedule, and a whopping 30 percent over budget.
For capital project managers, effective leadership is about delivering results and the linked article discusses how linking soft skills to action can produce those results. Owner and EPC companies need to focus investments in developing and empowering the kind of leadership skills and enabling tools that make this level of predictability and disciplined collaboration possible. Let us start today!
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